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Sushi Community Votes in 'Head Chef' to Oversee Decentralized Crypto Exchange
3.10.2022
New CEO Jared Grey said he plans to work out the kinks associated with Sushiswap’s internal structure that may have prompted departures in the past
Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers
3.10.2022
Increased crypto regulation could drive users to decentralized platforms, the bank said
Transit Swap ‘hacker’ returns 70% of $23M in stolen funds
3.10.2022
The funds returned so far has come in the form of Ether (ETH), Binance-pegged ETH and BNB ($14.2 million)
Transit Swap loses over $21M due to internal bug hack, issues apology
2.10.2022
“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth
30.9.2022
PRESS RELEASE. Arbswap, the Arbitrum-native automated market maker decentralized exchange, has seen significant progress over the past months. Following the migration of its contracts to the Arbitrum Nova network, Arbswap has recently launched the Nova Accelerator with support from Old Fashion...
Re is Creating a Decentralized Global Insurance Market Using Avalanche
29.9.2022
Re is in the due process of constructing a decentralized insurance marketplace by perching itself on the Avalanche platform. This will be on a global level. The exercise will help and assist in tokenizing reinsurance and open the doors for the opportunity of being in a position to reach out...
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product
29.9.2022
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC). Chainlink revealed the new product at Smartcon 2022...
Bank of England deputy governor Cunliffe on DLT securities settlement: Not so fast!
28.9.2022
In a lengthy appraisal of distributed ledger technology, Cunliffe weighed its technical implications, which will be examined in greater detail when the FMI Sandbox premiers in 2023
Blockchain-Powered Reinsurer Re Raises $14 Million Seed Round to Build Decentralized Market
28.9.2022
The company sees its protocol as providing collective backing of insurance policies in a similar way to the Lloyd’s of London market
Are decentralized digital identities the future or just a niche use case?
28.9.2022
Are decentralized digital identities the future or are they a niche use case for blockchain technology doomed to solely be used by crypto natives?
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
28.9.2022
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell on Defi Regulation Federal Reserve Chairman Jerome...
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
27.9.2022
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only...
Decentralized Exchange Bancor Proposes Burning 1 Million BNT Tokens to Support Prices
27.9.2022
Bancor to propose more 'burn events' if the proposed effort has an intended bullish effect on BNT's price
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
FTX Ventures, DCG Back $9.6M Funding for Decentralized Database Solution Kwil
23.9.2022
The community-owned platform could make it easier for Web2 developers to move into Web3
Founder of Web3 Messaging App: Decentralized Platforms Enable Users ‘to Build Their Communities in a Safe Place’
23.9.2022
In a world where censorship is growing and the right to privacy is being undermined, Web3 — the next iteration of the world wide web — looks to some like the solution users of online platforms are waiting for. As some pioneering Web3 products and solutions have demonstrated, when...
Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked ETHW Will Be the Same in 10 Years
23.9.2022
The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently...